banking summer internships 2022
Morgan Stanley
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City. With offices in more than 42 countries and more than 60,000 employees, the firm’s clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 67 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
In June 1957, J.P. Morgan & Co., a New York-based partnership of John Pierpont Morgan & Co., underwrote its first public offering for $2 million of common stock in American Smelting and Refining Company (ASARCO). The first major customer for the new investment banking division was the Westinghouse Electric Corporation; helping it raise $67.5 million in financing over seven years beginning with a 1957 offering of preferred stock which netted $7 million.[14] Under Hammarskjöld’s guidance, later aided by Douglas Dillon,[15] Morgan Stanley helped changes in capital markets access to capital by large companies.[16] It also handled initial public offerings (IPOs) for firms like General Motors,[17] Air Products & Chemicals Inc.,[18] Continental Oil Co.,[19][20] TWA,[21][22][23][24] PepsiCo,[25][26] and Blyth Industries.[27][28] The firm also handled public offerings on behalf of foreign companies including Bank Rozwoju Cukrownictwa (1959), Azucarera Espanola (1960), Fonds National de l’Industrie Miniere[29][30], Banca Nazionale di San Marino[31], Estabelecimentos Vilanova Frères S.A.[32], Rio Tinto Group[33], Banque Belge Pour L’Etranger Belgian Bank for Foreign Trade S.A.[34], Compagnie Intercommunale pour le Financement de
J.P. Morgan
The JPMorgan Chase Summer Internship Program is available for students who are currently enrolled in a bachelor’s degree program and have completed at least two years of study towards the degree. Students enrolled in a full-time MBA program may apply for the internship if they have completed one year of the program.
Internships are offered across all our business areas, including investment banking, asset & wealth management, commercial banking and corporate functions.
The duration of an internship is between eight to 12 weeks with internships starting in May/June 2022. The application process begins in December 2021 and closes January 2022 with offers extended throughout February and March 2022 as positions become available.
During your internship, you will work on real projects that affect how our business runs, giving you valuable hands-on experience and an understanding of what life at JPMorgan Chase is really like. You’ll also be assigned a mentor who will be there to help guide you through the summer.
Goldman Sachs
Goldman Sachs has a reputation for attracting the best and brightest talent. Our internship programme aims to give you an insight into our business and a realistic view of what it’s like to work at Goldman Sachs.
As an intern with us, you will experience first-hand the culture, work environment and opportunities that we offer as an organisation. We are looking for motivated students who are interested in gaining valuable experience in the financial services industry by participating in our 10-week summer internship program. The program is an opportunity to learn about the firm, develop your skills and experience our culture. You’ll have the opportunity to take part in firmwide events and training programmes, which provide insights into career opportunities at Goldman Sachs as well as on topics related to professional development.
Bank of America
- About Bank of America
- Leaders at BofA are dedicated to helping their people grow and succeed. They offer competitive pay and benefits in addition to a healthy work-life balance that allows their employees the opportunity to enjoy themselves outside of work. As a result, they have a strong reputation for retaining talent. Many past interns have found success as full-time associates at BofA following the completion of their internships as well.
- What programs does Bank of America offer?
- BofA offers many programs that aim to help underrepresented minorities succeed at the company. The Black Professional Network is one such group; it provides support and mentorship opportunities geared toward African American employees and candidates. Another program that seeks to combat issues related to diversity is the Women’s Initiative (WIN), which focuses on initiatives aimed at women in business.
- How do I apply for an internship with Bank of America?
- To begin your application, scroll down until you see “Explore our internship opportunities.” Click on “see all internships” beneath it, then select your preferred location from the dropdown menu below that option. Next, you’ll see a list of available positions; click on any job title for more information about its requirements or responsibilities, then click “apply now” when you’re ready to start submitting your information!
Citi
Investment bank Citi offers its 10-week summer internship program to undergraduate students, but the deadline for applications is usually at the end of 2019 for an internship in 2020. That means you’ll need to plan ahead if you want to get into this program.
BlackRock
This 12-week internship allows students to explore career opportunities in finance, technology, operations, risk, and more. As an intern with BlackRock, you’ll have the opportunity to learn directly from some of the best professionals in the industry while working alongside them on real projects.
Wells Fargo
Wells Fargo, a multinational financial services company headquartered in San Francisco, was founded in 1852. It has been operating for 177 years and is the world’s 4th largest bank by market capitalization.
These are the top banks that offer internships in 2022
The following are the top banks that offer internships in 2022:
- Morgan Stanley: 8-week Global Capital Markets Internship Program in Singapore, London, Hong Kong, Tokyo, India or New York. Pays $10K/mo. or more.
- Bank of America: 10-week Investment Banking Summer Analyst Program in London. Pays £1K/wk. or more.
- Credit Suisse: 12-week 2021 Equity Research Summer Internship in Zurich. Pays CHF 6K/mo. or more
- UBS: 8-week Wealth Management Internship in London or New York City and pays £1K/wk., but can’t confirm if they’re offering it again in 2022 yet as they don’t know what will happen with Brexit & COVID by then